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Develop a vaccine instead of a drug, less costly and no chance of being sued - Nov 2014


Big Pharma has a big growth market in the US – Vaccines

It costs Big Pharma billions of dollars to develop a drug and they can be sued if it harms

ProductDevelopment time Risk of being sued
Drug Many years of testing High risk
Vaccine Short test time Indemnified in US since 1986


Note: many drug companies are trying to extend the indemnfication to cover fast-tracked vaccines as well (for Ebola - fall 2014)

References


Over $4 Billion paid out in US vaccine compensations as of June 2018

Zero Tolerance Vaccine Laws in America: Will You Defend Vaccine Freedom? GreenMedInfo

  • "Recent surveys reveal that 20 percent of Americans think vaccines may be unsafe and 45 percent are not sure."
    • :There has been almost a 10 percent decline in public confidence in vaccine safety over the past decade:
  • "There are only two laws that require American citizens to risk their lives."
  1. Miltary Draft
  2. state law requiring all healthy children to risk their lives in a war that doctors declared on microbes two centuries ago
  • "..Congress gave doctors a broad liability shield in 1987 similar to the one they gave to vaccine manufacturers in 1986 to protect them from most vaccine injury lawsuits"
    US govt has so far paid out $4 billion - but manufactures and doctors have paid out $0

GSK vaccine in Europe: sued?

GSK introduced a new anti-flu vaccine, Pandemrix, in 2009. It was rushed through in anticipation of a pandemic of swine flu (it did not happen). It received an EU licence, but in the USA. Six million Europeans received the vaccine. In 2010 in Sweden and Finland it was suspected of causing narcolepsy. In 2014 it had to be withdrawn as it was held to be responsible for a small but significant epidemic of narcolepsy (6.8 per 100,000). Narcolepsy occurred within two months of receiving the vaccine, and occured mainly in teenagers.
Wikipedia has a lot of information on the topic

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Created by admin. Last Modification: Sunday October 16, 2022 16:27:51 GMT-0000 by admin. (Version 12)